Cekindo Business International is now InCorp Indonesia. Learn more.
InCorp offers a comprehensive range of solutions to ease the company registration process and help you create a viable roadmap for your business.
Get assistance from experts with a decade of experience in assisting international business owners expanding into Indonesia.
Avoid any bureaucratic complexity when closing your company by engaging with our experienced legal advisors.
What type of legal entities should you choose to register a company in Indonesia? We can assist you in choosing which is the best one to grow your business.
To help businesses survive during this unfortunate time, InCorp provides corporate recovery in Indonesia and insolvency services.
Obtaining property & land ownership in Indonesia offers some challenges for foreigners. However, buying property in Indonesia is attainable with specific resources and documents.
Recent regulatory changes have a knock-on effect on Indonesia's Merger & Acquisition landscape. Check on how we can navigate you through your M&A in Indonesia.
InCorp provides Virtual Office services Indonesia in various locations: Jakarta, Bali, Semarang, Surabaya, and Batam.
Business process outsourcing in Indonesia is a viable option to streamline bureaucratic complexities that hurdle your business expansion objectives.
InCorp offers a complete range of accounting service Indonesia, from tax reporting to auditing.
With professional financial audit services from InCorp, you can ensure all accounting activities are accurately recorded and compliant with Indonesian regulations.
Using an Employer of Record service to set your roots in Indonesia opens the doors to new opportunities in the country.
Financial and Operational Resilience services from InCorp are developed to support businesses and help them survive during this difficult time.
Payroll services in Indonesia are a practical solution to avoid unnecessary complexities while you focus on growing your business.
Using a recruitment agency in Indonesia will help you hire the best candidates for your company, saving you time and money.
Tax consulting in Indonesia are the shortcuts to fulfill the administrative obligations with high accuracy and in a timely manner.
The Indonesian government promotes tax holidays as one of the fiscal incentives to attract major foreign direct investment in Indonesia.
Operating businesses in Indonesia, entrepreneurs must comply with the regulations accordingly, especially concerning taxes.
Immigration in Indonesia is one of the strictest and most complex processes due to its ever-changing regulations. InCorp provides a seamless experience in obtaining your stay and work permits.
Avoid any hassles by engaging with an experienced visa agent in Indonesia.
A dependent visa Indonesia is a document that allows foreigners to bring their family while settling down in the country.
Investor KITAS Indonesia is a stay permit that offers many benefits to investors that invest in the country.
Overseas Visas are required for Indonesians who are planning to stay abroad for an extended period of time.
KITAP is a permanent stay visa for foreigners who have intentions to stay in Indonesia.
Foreign retirees often find their plans stuck due to the complex visa application process. InCorp helps expedite the process.
Obtaining a social visa is daunting if you are not familiar with the country’s complex bureaucratic processes. Consult with us for a seamless Indonesian visa application experience.
Foreigners married to an Indonesian citizen are eligible for a spouse-sponsored KITAS.
Learn how to obtain an Indonesian tourist visa seamlessly and securely, directly from a trusted visa and travel agent.
Get assistance from a trusted visa agent in Indonesia to make your traveling plan to Indonesia even more convenient.
Expedite your Indonesian work permit application process by engaging with a trusted visa agent.
All imported goods must obtain permission granted by specific governing bodies prior to entering the local market.
Learn more about the cosmetic product registration services in Indonesia.
Learn more about exporting goods to Indonesia.
Learn more about the food & beverage product registration services in Indonesia
Learn how to go through halal certification in Indonesia directly from experts successfully.
Learn more about the health supplement product registration services in Indonesia.
Learn more about the household product registration services in Indonesia.
Learn more about importing goods from Indonesia
An Importer of Record in Indonesia is a legal service that enables companies to import products into Indonesia, through an import partner.
Learn more about the medical device registration services in Indonesia.
Register a trademark is necessary to avoid legal issues in the future. InCorp can help you with Trademark Registration services in Indonesia.
Compliance is one of the most challenging parts of business overseas, especially in a country packed with complex bureaucratic processes such as Indonesia.
Updating business documents to align with your company’s growth can be a hassle.
Due Diligence services are needed to assess the credibility of the company or partner you wish to work with or acquire in Indonesia
From Company Regulations to Employment Agreement Drafting, Employment law services from InCorp will help you to compliance with employment policy in Indonesia.
InCorp’s legal consultation services in Indonesia are crafted to help your business settle and fully comply with the latest regulations.
Organizations must continuously evolve and transform to remain competitive and relevant in today’s global environment ...
Companies face many opportunities and challenges as a result of a changing market and regulatory landscape ...
Adopting Environmental, Social, and Corporate Governance (ESG) practices can improve your company’s value ...
Risk Management services from InCorp Indonesia can assist companies in building confidence when making future business decisions ...
Transfer Pricing in Indonesia occurs when a company performs an internal transaction within the same business group or its subsidiaries
InCorp's transfer pricing advisory services in Indonesia are marked by the objective to support our clients' business needs.
Our transfer pricing services provide you with a hassle-free experience while still complying with the legal aspects of transfer pricing in Indonesia.
As the market-entry consulting firm in Indonesia, InCorp provides a wide range of customized solutions to ease the business incorporation process.
Both natural and legal persons are entitled to open a bank account in Indonesia. Find out how to open a bank account in Indonesia, here.
InCorp can help you find a trusted Buying Agent Indonesia for product sourcing in Indonesia. Contact us now for a free consultation.
InCorp can help foreigners to get the driving license in Indonesia, whether SIM A or SIM C. Check out the requirements and the procedure, here.
IMEI Registration in Indonesia is necessary to ensure telecommunication devices from abroad can function properly in Indonesia.
With offices in Jakarta, Bali, Semarang, SUrabaya, and Batam, InCorp is ready to assist you as a local partner and distributor in Indonesia.
InCorp can help you to select the trusted local partners to import and distribute your products in Indonesia.
Improve your business by knowing the market conditions in Indonesia through market research services in Indonesia.
InCorp can help you gain information about your competitor's product through mystery shopping.
In 2023, the manufacturing industry in Batam is expected to experience growth due to its strategic location, favorable business environment, and abundant resources.
Despite the potential for a recession and increased global unpredictability in 2023, the Indonesian government is confident that the domestic manufacturing sector will continue to grow.
The manufacturing sector includes at least two other industries, semiconductors and health, with promising futures.
Based on the Making Indonesia 4.0 roadmap, the seven industries targeted for growth are the food and beverage, clothing and textiles, automotive, electronics, chemical, medical device, and pharmaceutical sectors.
These sectors are also ready to embrace the industrial 4.0 era based on development goals. Medical devices are highly demanded and would be an excellent place for entities to start or expand their business.
For businesses looking for assistance with such matters, InCorp Indonesia (formerly Cekindo) has ample experience assisting in company registration and product registration processes.
The development of the manufacturing industry is critical because it will have a chain effect on Indonesia. The innovation will lead to the creation of formal jobs with a high-quality workforce and better salaries.
In Indonesia, the informal sector, particularly the trade sector, remains the economy’s primary driver, hindering progress in enhancing the well-being of its people.
The government’s efforts to develop the manufacturing sector manifest Indonesia’s economic transformation. The Indonesian government attempts to build and provide added value to the manufacturing industry by downstream natural resources and substituting imports.
With a 4.07% growth from June to July 2022, Batam’s export activity totaled USD 1.2 billion. With industrial items accounting for 89.95% of all exports between January and July, the total value of exports was USD 8.3 billion.
Singapore is number one in terms of export destination nations, accounting for 47.7% of all exports, followed by the US (19.2%), China (4.7%), Australia (2.5%), Germany (2.3%), and China (4.7%).
There was a rise in imports along with the rising export value. A total of USD 7.3 billion worth of importance were made into Batam from January to July 2022, with the value of those imports registered at USD 1.1 billion in July.
Batam Business Entity (BP Batam) is optimistic despite the threat of a global recession thanks to ongoing infrastructure development and the issuance of policies encouraging investment.
As a result, many foreign businesses are investing in Batam this year, particularly those involved in the digital industry and the Internet of Things (IoT), as well as existing businesses that have committed to growing.
Due to a 19.64% decrease in imports of goods other than oil and gas, the import value in February was USD 16.84 million.
The manufacturing industry’s products, the most prominent imported commodity with an import value of USD 797.22 million and a share of 96.98%, were deemed the root cause.
The total value of imports in Batam climbed by 14.83% compared to the previous year’s time.
Read more: 8 Biggest Industrial Parks to Start Business in Batam
Batam benefits from the Generalized System of Preferences (GSP) for the US market. It is also liable for the ASEAN-China Free Trade Area (ACFTA) for the Chinese market.
In addition, Batam is accessible to non-FTA/CEPA (Comprehensive Economic Partnership Agreement) nations that support free trade and special economic zones.
In the first half of 2022, Batam’s investment value reached IDR 6.1 trillion. With this sum, Batam’s Foreign Direct Investment (FDI) made up the most significant percentage of the realization of FDI investment in the Riau Islands, totaling IDR 6.4 trillion, or 79.16%.
With this increase in investment, Batam’s economic growth rate can attain the desired 7% level in 2022. As a result, Batam’s economy will grow by 4.75% in 2021 compared to a -2% decrease in 2020.
Its strategic location on the Malacca Strait’s international shipping lanes makes Batam appealing to foreign investors and keeps it overgrowing.
The government has long acknowledged Batam’s advantageous location in the Malacca Straits, proximity to Singapore, and proximity to other countries such as China.
Infrastructure development is one of the government’s policy focuses in 2023. In that, the state budget allocation for infrastructure development remains noticeably prominent.
The aim is to complete ongoing projects and optimize existing infrastructures through maintenance and rehabilitation.
The main conclusion from this reading is the benefits of investing in Batam. Batam is equipped with various elements supporting it to become an ideal investment zone.
Aside from regions, the Indonesian government is also focused on particular sectors – such as the manufacturing sector. Therefore, businesses should aim to reap the benefits of the above ambits to maximize profits.
With 10 years of experience in business consultancy, Teddy Willy offers expertise in financial and production auditing, sales and marketing, channels and distribution, supply chain management, and human resources for every business sector in Indonesia.